In the years since the financial crisis, central banks across the world have struggled to stimulate adequate aggregate demand. Most mainstream economists agree that this is due to inherent impotence of monetary policy at the zero lower bound, although some, including some central banks, now say that the effective lower bound, though finite, is below zero. The Swiss and Danish central banks are currently testing that idea. [more inside]
The upcoming game Saints Row 4, an over-the-top open world action game that features weapons like a Dubstep Gun, has been refused classification (banned) in Australia. The new R18 classification for games was supposed to make this less common, but Saints Row 4's (trigger warning) 'alien anal probe' weapon and 'alien narcotics' have caused it to fall afoul of the new guidlines. Developer Deep Silver said they'll resubmit Saint's Row 4 to the reclassification board, while The Guardian sees this as evidence of Australia's conservative culture. Saints Row previously.
The Last Meals Project Every prisoner waiting to be executed is granted a last meal. Prisoners waiting to die choose their last meal for different reasons. Here's a list of exonerated death-row prisoners.
Saturday, a four man rowing crew (pictures) broke the 114 year old record for rowing across the Atlantic. [more inside]
On Skid Row is a five part video series about Skid Row in Los Angeles from GOOD Magazine. Introduction, Kids, Drugs, God, Afterword via y2karl's earlier via
The BBC is certainly having a mensis horribilis. First, they were fined £50,000 for lying to children, then they were exposed for doing a hatchet job on the Queen (something they claim was a mistake). Peter Fincham, the BBC One boss, has apologised for running a trailer (for a documentary) which showed the Queen "walking out in a huff" during a photo session with Annie Liebowitz. Not amusing, apparently. All this has led to a review of all programming aimed at uncovering instances of viewer deception.
Read the last statements of executed Texas death row inmates. Texas now publishes the last statements online in a extremely well organised database. Search through offender name, offender information (scanned OCR with pics and crime description). If that's a bit too heavy, why not just browse through some last meals on death row?